733 Post Road #230
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 26, 2022 | No longer available | - | |
| No longer available | |||
| Apr 28, 2022 | Listed | $74,500 | |
| Listed | |||
| | |||
|
Here is your opportunity to own an affordable beach retreat in Wells, Maine. The Sea Mist Resort Condominiums offer 68 efficiency-style units with kitchenettes including a small fridge, sink, toaster, microwave, and coffee maker. This unit features 264 sq. ft. and offers two queen beds and one full bath. The condo is being sold fully furnished and ready for summer fun! The condo fees are reasonable at $750/quarter which includes everything! The only other bills you will have are your property taxes which run about $327.00 annually and a capital improvement contribution which varies from year to year. If you choose to rent your unit, there is onsite property management that must be used. Fees for rental management fluctuate with business and are assessed to those owners in the rental pool. Owners are allowed to have pets but there are limitations. Sea Mist Resort offers an indoor Pool and hot tub, sun deck, playground, outdoor grilling area, free resort-wide WIFI, fitness room and coin-operated laundry. Sea Mist Resort is on the trolley route in the heart of Wells and just minutes away from local beaches, restaurants, and other area attractions. The location is also convenient to Ogunquit and Kennebunkport a like. 2022 rentals might need to be honored if they cannot be moved to another location. Showings can only occur on days when there is a changeover in the unit. Call today to see how you could be spending your summers in Maine!
| |||
| Jul 10, 2021 | No longer available | - | |
| No longer available | |||
| Jul 6, 2021 | Listed | $44,900 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/27/2024
| |
Studio
|
1 Bath
|
264 ft²
|
$95,000
Studio
1 Bath
264 ft²
|
-
-
|
Laurie Marcello
Gorham
|
|
12/04/2023
|
1 Bed
|
1 Bath
|
264 ft²
|
$95,000
1 Bed
1 Bath
264 ft²
|
-
-
|
Kathleen Beaudoin
Wells
| |
|
08/28/2023
|
1 Bed
|
1 Bath
|
-
|
$95,000
1 Bed
1 Bath
|
-
-
|
Tricia Huot
Coldwell Banker Realty
| |
|
09/27/2022
|
Studio
|
1 Bath
|
-
|
$69,900
Studio
1 Bath
|
-
-
|
Angela Thyng
Realty ONE Group - Compass
| |
|
08/27/2022
|
1 Bed
|
1 Bath
|
-
|
$85,000
1 Bed
1 Bath
|
-
-
|
Tori Leonard
Coldwell Banker Realty
| |
|
07/08/2022
|
Studio
|
1 Bath
|
-
|
$75,000
Studio
1 Bath
|
-
-
|
Angela Thyng
Realty ONE Group - Compass
| |
|
11/22/2021
|
1 Bed
|
1 Bath
|
-
|
$55,000
1 Bed
1 Bath
|
-
-
|
Angela Thyng
Realty ONE Group - Compass
| |
|
04/28/2022
|
1 Bed
|
1 Bath
|
-
|
$74,500
1 Bed
1 Bath
|
-
-
|
Jason Vennard
EXIT Oceanside Realty
| |
|
03/12/2022
|
1 Bed
|
1 Bath
|
-
|
$74,900
1 Bed
1 Bath
|
-
-
|
Angela Thyng
Realty ONE Group - Compass
| |
|
03/08/2022
|
1 Bed
|
1 Bath
|
-
|
$70,000
1 Bed
1 Bath
|
-
-
|
Angela Thyng
Realty ONE Group - Compass
| |
|
03/05/2022
|
1 Bed
|
1 Bath
|
-
|
$67,900
1 Bed
1 Bath
|
-
-
|
Angela Thyng
Realty ONE Group - Compass
| |
|
02/20/2022
|
1 Bed
|
1 Bath
|
-
|
$65,000
1 Bed
1 Bath
|
-
-
|
Angela Thyng
Realty ONE Group - Compass
| |
|
01/25/2022
|
1 Bed
|
1 Bath
|
-
|
$65,000
1 Bed
1 Bath
|
-
-
|
Angela Thyng
Realty ONE Group - Compass
| |
|
01/21/2022
|
1 Bed
|
1 Bath
|
-
|
$60,000
1 Bed
1 Bath
|
-
-
|
Angela Thyng
Realty ONE Group - Compass
| |
|
01/13/2022
|
1 Bed
|
1 Bath
|
-
|
$60,000
1 Bed
1 Bath
|
-
-
|
Brian Shedla Jessica Niles
Locations Real Estate Group LLC
| |
|
12/23/2021
|
1 Bed
|
1 Bath
|
-
|
$65,000
1 Bed
1 Bath
|
-
-
|
Angela Thyng
Realty ONE Group - Compass
| |
|
11/30/2021
|
1 Bed
|
1 Bath
|
-
|
$55,000
1 Bed
1 Bath
|
-
-
|
Angela Thyng
Realty ONE Group - Compass
| |
|
07/19/2021
|
1 Bed
|
1 Bath
|
-
|
$42,000
1 Bed
1 Bath
|
-
-
|
Susan Michaels
Coldwell Banker Realty
| |
|
07/06/2021
|
1 Bed
|
1 Bath
|
-
|
$44,900
1 Bed
1 Bath
|
-
-
|
Jason Vennard
EXIT Oceanside Realty
| |
|
12/14/2020
|
1 Bed
|
1 Bath
|
-
|
$41,500
1 Bed
1 Bath
|
-
-
|
-
| |
|
08/12/2020
|
1 Bed
|
1 Bath
|
-
|
$42,500
1 Bed
1 Bath
|
-
-
|
-
| |
|
08/06/2020
|
1 Bed
|
1 Bath
|
-
|
$39,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
01/19/2020
|
1 Bed
|
1 Bath
|
-
|
$43,200
1 Bed
1 Bath
|
-
-
|
-
| |
|
06/04/2020
|
1 Bed
|
1 Bath
|
-
|
$39,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
05/20/2020
|
1 Bed
|
1 Bath
|
264 ft²
|
$45,000
1 Bed
1 Bath
264 ft²
|
$34,700
-22.89%
03/24/2021
|
Jane Cyr
| |
|
10/18/2019
|
1 Bed
|
1 Bath
|
-
|
$42,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
10/18/2019
|
1 Bed
|
1 Bath
|
-
|
$42,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
03/27/2019
|
1 Bed
|
1 Bath
|
-
|
$42,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
03/11/2019
|
1 Bed
|
1 Bath
|
264 ft²
|
$45,000
1 Bed
1 Bath
264 ft²
|
-
-
|
-
| |
|
01/30/2019
|
1 Bed
|
1 Bath
|
-
|
$44,500
1 Bed
1 Bath
|
$44,500
07/03/2019
|
Susan Michaels
| |
|
11/02/2018
|
1 Bed
|
1 Bath
|
264 ft²
|
$43,000
1 Bed
1 Bath
264 ft²
|
-
-
|
-
| |
|
08/13/2018
|
1 Bed
|
1 Bath
|
264 ft²
|
-
1 Bed
1 Bath
264 ft²
|
-
-
|
-
| |
|
09/01/2017
| |
1 Bed
|
1 Bath
|
264 ft²
|
-
1 Bed
1 Bath
264 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017